Norwegian Cruise Line Holdings Ltd (NCLH)

[JLS]

Bought NCLH shares this morning.

Paid a few pennies above $13 for the shares, then I immediately sold $13.50 CCs that expire tomorrow and the net result of that is my total cost of buying those shares is now below $13. Easy, peasy.

Going forward in time, I can now sell weekly $13.00 CCs against NCLH week after week until the shares are assigned away. That is how I trade any stock all the time -- via Buy/Writes. It works extremely well.

If the market decides that NCLH should go down week after week, it's relatively easy to follow that by continuing to sell CCs on NCLH every week.